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20131210
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FOX Business
Dec 4, 2013 11:00am EST
that. by your gifts online, paying tax, others don't, supreme court doesn't want to get in the middle of it. judge andrew napolitano has no problem getting in the middle of that. and then, consolidating your wallet into just one card. the high-tech idea could be the way we shop in the future. it is all coming up along with dagen mcdowell on "markets now." dagen: giddyup. changing out of the shirt you had done earlier and now you look more businesslike. connell: i will take that as a complement on both sides. i have no other choice but to check the market and talk to the judge. dagen: we have to hit your slender. we have gains on the market right now despite the better-than-expected numbers from adp, nicole petallides at the new york stock exchange. nicole: you mentioned adp, which was better. we also got new hom home sales numbers better than expected, we are seeing the market with three straight days of selling and they might have scooped up some opportunity. right now dow jones industrial of 41 points, a gain of one quarter of 1%. microsoft hitting new highs, goldman sachs and unite
FOX Business
Dec 9, 2013 1:00pm EST
listing means for the exchange. lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in comparison but still end up arrow nonetheless. at least has been kept to the upside up about one-tenth of 1% to a quarter of a percent. it is worth watching the s&p, it is up nearly 27% this year, which is the best year we have seen since late 1998. we have a big deal today. talking about the food company, u.s. foods reached a deal to merge. the total enterprise of the transaction everything included is actually over $8 billion. up 11.5%. back to you. adam: so, deal or no deal. negotiators in the house and senate work to hammer out a budget deal before the house leave
FOX Business
Dec 4, 2013 1:00pm EST
should not be fooled by that. ashley: commuting get as little more taxing. the amount of workers can put transit costs cut in half by congress. at least those with the train. that is outrage. tracy: because they have drive evers? in tech minute we'll review lg's curved glass phone which is about to hit the store shelves. ashley: the dow has been down over 100 points for a long time but as you can see, desperately trying to make a comeback, down 99 points or there abouts. the market has been under a little bit of selling pressure these last several days. get breaking news on the fed beige book. peter baron's with the details. peteer? >> hey, ashley and tracy, the beige book for november says the economy continued to expand ad a modest to moderate pace from mid-october through mid insofar as november and the report does not appear to tee up tapering of bond purchases cuttings back on quantitative easing in next two weeks when the report will be used by policymakers. this reports e has the same language on the economy and job creation as the last meetings on beige book in october when the f
FOX Business
Dec 6, 2013 1:00pm EST
you give a word of caution yes, sir of the year? do we wait until january? people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up on my radar why did that stock go down? what is the specific issue. that is the way which i would property it. look for more of those divergences where there are stocks maybe at the market stays where it is, what is going down. why is it going down and look there if is there good fundamental reason to do it. we have a lot of political headlines in the election year. that could cause volatility in the markets. could be fun for people. cheryl: maybe now and january time to ease into the market? ease is the word of the day. >> like a hot
FOX Business
Dec 3, 2013 11:00am EST
been the weakest recovery since the depression so what you see is tax collections coming back but only gradually and now with the softness of retail sales people forget that states rely on holiday retail sales for their own sales tax collections and that is not a good sign. connell: are not worried about another big city going the way of detroit. >> not over the long term but other big cities the problems with the pension systems and all these cities even chicago where some of the pension systems are 25% funded but they have a trust fund with money to pay people for now but going forward as investors look what it would take to repay the pension debt, more and more investors are saying i am not sure going forward i should do what detroit investors did a decade ago which is continue investing. dagen: bottom line for d 2 and other municipalities this could be this will bargaining chip to bargain with the unions in other cities. >> the judge has set a precedent. if he said the other precedent it would have removed that as a bargaining chip. connell: something that they had to have. thanks
FOX Business
Dec 2, 2013 1:00pm EST
court is refusing to hear appeals from two major online retailers against new york state's sales tax law. amazon and overstock.com challenged the law requiring collection of the taxes in states where they have no physical presence. states reportedly lose $23 billion a year in uncollected sales taxes from online retailers. >>> u.s. manufacturing grew last month at the fastest pace since april of 2011. that is according to the ism index. manufacturing rose in november to 57.3. that is up from 56.4. that is the reading for october. and highest reading in 2 1/2 years just clocked in. >>> dow chemical is weighing options to sell most of its chlorine operations its oldest business as part after plan to sell assets worth 3 to $4 billion. dow is moving away from chemical production, to focus on electronics, packaging and agriculture. that is the latest from "fox biz." adam: bill ackman may be disengaging from the media but is he actually going away? charlie gasparino joins us looking like spock from the alternate universe in that episode from "star trek" with the pointy ears. what is with the be
FOX Business
Dec 6, 2013 11:00am EST
. dagen: even with particularly your client base if you are with rising taxes, which looks like a certainty. >> to be honest with you, dagen, there are tax exempt invisible bonds that are out there that are investment-grade single-a rated that are yielding higher taxable junk bonds. the valuation on municcpal's are too cheap. i have been reallocating a significant portion of my cash to municipals because we have a lot of upside boom once we get the dust to settle. 13.9%. dagen: last final word, of all the fixed asset income classes you like muni is the best? >> a little bit lately with the rise in rates and where the tax bracket still pretty good value. dagen: again, the weather, that is what you are paying for. >> and a lot of missing infrastructure. dagen: thank you, please come back. i don't get to see you often enough in person. you have to come back for the new year. we both had to promise me that. now onto the nasty weather speaking of sunshine to not so much, nasty weather gripping the nation. national weather service issuing wenwinter storm and ice warnings for much the
FOX Business
Dec 5, 2013 1:00pm EST
of outstanding issues. we talked about unemployment insurance. we got over 50 tax extenders that will expire this year. they're important to number of important industries and costs to the economy. >> one of the big issues you talked about, extending those emergency unemployment insurance benefits. democrats are arguing about that on the house floor. republicans say these are emergency measures. democrats say that, look, economy is still in trouble. we still need to extend the emergency unemployment benefits. on january 1st, the maximum unenemployment benefit goes from 73 weeks, to a maximum of 26 weeks. house speaker john boehner says president obama has proposal to extend those benefits. back to you. adam: rich edson, thank you very much. >> factory workers and labor organizers. raising, to raise a federal minimum wage. >> few moments ago the demonstrators lift the scene. look at video. reported just a short time ago. at one point, things got very tense. some demonstrators tried to force their way into the restaurant. restaurant hired a security guard. and apparent the demonstrators decide
FOX Business
Dec 9, 2013 11:00am EST
, in the early spring, you know, of last year. so, listen, here's the problem, does the internet sales tax matter more to retail shopping than weather? i think that the retailers have built it in that they know it's going to be -- dennis: every holiday season everyone worries about weather and retail sales, the thought that you have six fewer days that you're going to buy your kid fewer gifts, not going to happen. cheryl: matt, i will say the numbers have been weak this year, and i thought especially this year with the economy turning around we would -- >> but is the economy turning around? we have the lowest labor force participation rate in this country than any year since 1978. you can have some numbers up, stocks up, a few things, but if people aren't working and making money, they're not going to be spending. that's a fundamental, and it's still bad. >> here's a forecast for retail sales. you're going to see more discounts coming in be, right? it's been tend. >> as it should be. cheryl: any picks, charles? >> on the retail side, golly, i normally do. >> abercrombie. >> i'm assuming you're al
Search Results 0 to 8 of about 9